ESG and Commitments

We are committed to delivering sustainable shareholder returns. For us this means operating with integrity and growing responsibly. Critical to this is our ESG performance.

Given the nature of our industry, our direct ESG risk exposure is limited. However, we recognise that we are indirectly exposed to ESG risks through the assets in which we invest. As we continue to grow, it will be important that we assess not only the quality of the assets but also our operating partners carefully prior to making investment decisions in order to manage our indirect ESG risk exposure.

In the coming years we will continue to evolve our approach to sustainability that reflects our values. Our focus will be on our material issues and working towards achieving the targets laid out on our sustainability roadmap in order to deliver meaningful results for our business, shareholders and stakeholders. We will continue to report annually on our sustainability progress and performance.

ESG Risk Exposures and Opportunities

Deterra will seek to establish consistent criteria for assessing ESG risk exposures and opportunities.

In making new or further investments, we will:

  • seek to understand, and take into account, ESG risks and opportunities when evaluating the investment opportunity;
  • where appropriate, endeavour to negotiate appropriate contractual protections with a view to seeking sufficient disclosure and transparency regarding Operators’ mining projects to facilitate the Company’s assessment of ESG risk management and performance on an ongoing basis; and
  • continue to monitor Operators’ ESG performance

Assessment criteria will facilitate consistent and thorough due diligence of investment opportunities in support of the ESG investment principles.

Environment

E1
Compliance: international standards, government regulations, etc.
E2
Energy: sources, intensity of use, etc.
E3
Climate change: Scope 1, 2, 3 emissions, physical and transitional risks and opportunities, etc.
E4
Water: usage, sources, recycling, disposal, etc.
E5
Waste: general waste, tailings, hazardous waste, etc.
E6
Emissions: noise, dust, air, vibrations, etc.
E7
Biodiversity: conservation status species and ecosystems, etc.
E8
Closure: planning, rehabilitation, etc.

Social

S1
Health and safety: incidents, fatalities, lost time injury frequency rates, etc.
S2
People: diversity and inclusion, attraction and retention, training and development, etc.
S3
Human rights (inclusive of modern slavery): commitment, assessment, remedy, etc.
S4
Communities: social impact management, stakeholder engagement, local content, etc.
S5
Indigenous people: engagement, agreements, etc.
S6
Shared value: contributions, programs, etc.
S7
Supply chain management: due diligence, etc.

Governance

G1
Structures: corporate governance roles and responsibilities
G2
Policies: corporate policies (e.g. Whistleblower policy) and relevant codes of conduct for directors, employees and suppliers, etc.
G3
Anti-bribery and corruption: commitment, allegations, etc.
G4
Memberships: internationally recognised associations, organisations and standards (e.g. International Council on Mining & Metals (“ICMM”))
G5
Public disclosures: ESG and financial performance, tax, etc.
Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!